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English Release 24-May 2013
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Month |
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Year |
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- Presidents Secretariat
- We must find answers for reversing the degradation of values, says President
- President’s Buddha Purnima Greetings
- Vice President's Secretariat
- Vice President Greets Citizens on Buddha Purnima
- Prime Minister's Office
- Prime Minister’s Speech at SEBI’s Silver Jubilee Celebration
- PM Greets the Nation on Buddha Purnima
- Min of Agriculture
- Kharif Sowing Crosses 60 Lakh Hectare
- Min of Comm. & Information Technology
- NIELIT, Srinagar will contribute to the growth of J&K, Dr. Killi Kruparani
- Min of Health and Family Welfare
- Janani Shishu Suraksha Karyakram – Saving Mothers and Newborns
- Azad concludes two-day visit to Sweden
- Min of Human Resource Development
- Block Institutes of Teachers Education to be Established in 196 SC/ST/Minority Concentrated Districts
- Min of Petroleum & Natural Gas
- Press Note
- Petroleum Ministry Refutes allegations regarding Proposed Gas Price Revision
- Production Performance of Oil & Natural Gas sector for the month of April, 2013
- Global crude oil price of Indian Basket declines sharply to
99.37/US$ bbl on 23.5.2013
- Min of Power
- Hindi Advisory Committee of Ministry of Power for effective implementation of Official Language
- Ministry of Water Resources
- Storage of Important Reservoirs in the Country (as on 25 April 2013)
- Min of Youth Affairs & Sports
- Financial assistance from National Sports Development Fund to Mary Kom Regional Boxing Foundation, Imphal
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Conference of Ministers and Secretaries of States And Union Territories in-Charge of Sports & Youth Affairs Begins in New Delhi
- Planning Commission
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UIDAI launches Aadhaar based Iris Authentication, eKYC, One Time PIN New Services and Permanent Enrolment Centres
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Ministry of Petroleum & Natural Gas16-November, 2012 15:52 IST
Under-Recovery on Diesel Effective 16.11.2012 remains high at Rs 9.06 Per litre
Under-recoveries for November on Domestic LPG Rs 478.50 per Cylinder
and on PDS Kerosene Rs 31.30 per Litre
OMCs Incurring Daily Under-Recoveries of Rs 412 Crore
Daily Crude Oil Price for Indian Basket rises to US$ 107.91 per barrel on 15.11.2012
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‘20’
The Petroleum Planning and Analysis Cell
(PPAC) under the Ministry of Petroleum and Natural Gas have reviewed
international prices of crude oil and petroleum products during the Ist Fortnight of November 2012. Accordingly, the
under-recovery on High Speed Diesel (HSD) applicable for 2nd fortnight
of November effective 16.11.2012 though slightly lower, remains high at Rs 09.06/Litre. In case of PDS Kerosene and Domestic LPG the
under-recoveries effective for November 2012 are Rs 31.30/Litre
and Rs 478.50/cylinder respectively.
Product-wise
Under-recoveries of Public Sector Oil Marketing Companies (OMCs);
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Product
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Unit
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Under-recoveries effective November 16, 2012
(Effective 01.11.2012 to 15.11.2012)
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Diesel
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Rs/Litre
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9.06 (9.84)
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PDS Kerosene*
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Rs/Litre
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31.30 (31.30)
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Domestic LPG*
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Rs/Cylinder
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478.50
(478.50)
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*Additionally, a subsidy of Rs 0.82/Litre on PDS Kerosene
and Rs 22.58/Cylinder on Domestic LPG is provided by the Government. The
under-recoveries on these products are computed on monthly basis.
OMCs
are currently (effective 16 November 2012) incurring daily under-recovery of
about Rs 412
crore on the sale of Diesel, PDS Kerosene and
Domestic LPG.
Further,
the OMC’s have reported the following under-recoveries during April-September
2012:
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Product
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Under Recovery (Rs/Crore)
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2012-13
(April-September
2012)
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2011-12
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2010-11
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Diesel
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52,711
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81,192
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34,706
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PDS
Kerosene
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14,331
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27,352
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19,484
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Domestic
LPG
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18,544
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29,997
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21,772
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Petrol
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--
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--
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2,227
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Total
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85,586
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138,541
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78,190
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3. Details of average International FOB price and
Exchange rates are:
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Particulars
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Unit
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Price on last trading day i.e., 15 November, 2012 (Previous trading day of 14.11.2012)
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Fortnight
November)01-15, 2012
(previous fortnight
16 - 31/10/ 2012)
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Crude Oil (Indian Basket)
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($/bbl)
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107.91 (106.75)
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106.69 (109.01)
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(Rs /bbl)
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5930.73 (5863.78)
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5797.53 (5834.22)
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Exchange Rate
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(Rs/$)
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54.96 (54.93)
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54.34 (53.52)
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RCJ/RKS – Under-recovery 16-11-2012
(Release ID :89072)
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